KYC is the one of Biggest shitty things in the crypto space ever. Because almost every platform including Binance has compromised documents. So it's pretty much risky for users when KYC documents are handover to hackers and criminals. It's true most platforms now required KYC documents to use them. So have to think alternative where we don't need to use KYC. Especially exchange are asking for KYC lately. So decentralized exchanges are the only hope for us, but there are many limitations though. However, we have to try max to secure our privacy.

If an elderly person is not at all educated, explaining Bitcoin to them can be challenging. But it appears that you were ultimately convinced. The existence of cryptocurrencies in the virtual world is something my father is aware of, without having much knowledge of it. He cannot use Bitcoin, despite his best intentions, because he is not literate. Nonetheless, he consistently motivates me to use cryptocurrency and ahead with technology, shouldn't stay backdated. Being inspired by my parents has therefore been really helpful to me.

What will happen if Binance disappears? Imagine Binance is the biggest cryptocurrency exchange and BNB increases significantly. If something went wrong with Binance, the entire cryptocurrency market would quickly crash. No specific use of Binance will be affected. I think certain influential people aim to FUD Binance to bring down the cryptocurrency market. Yet, it appears like CZ is making a sincere effort to manage things. CZ, nevertheless, is also serious and competent. He will manage extremely well, in my opinion.

BTW, you did an excellent job. People who don't really have anything to do with bitcoin might believe it is a Ponzi scheme. Nevertheless, in practice, Bitcoin has only been used as a payment gateway for Ponzi schemes. I have observed numerous fiat Ponzi schemes, yet they are never highlighted. Most claims that Ponzi schemes take place using cryptocurrency payment gateways. Because of this, some people begin to believe that Ponzi schemes embrace Bitcoin. Indeed, the problem is misinformation. When we explain Bitcoin to someone, we should do so clearly.

For me, this circumstance has not yet arisen. Yet, in this scenario, I will undoubtedly be unhappy if I am forced to sell something at a loss. But I won't care if there is no loss. Hold cryptocurrency for life, not forever. I follow those guidelines. I had purchased Bitcoin, but I didn't lose much money doing it. Yet, I lost money through trading, which still hurts. I make an effort to always keep some fiat on hand just in case of emergency. I actually rarely touch it in my everyday life. Thereby, I shouldn't sell my cryptocurrency in an emergency. Hence, it is advisable that you maintain with this or start setting aside money each day for the future. An emergency could arise at any time.

Evaluating other global payment gateways For business purposes, accepting bitcoin would be advantageous. But, how you manage your cryptocurrency will determine how much money you make. Cryptocurrency is volatile, therefore you could lose as well. So, you should do your research before accepting Bitcoin or any other cryptocurrency. Also, you must utilize a non-custodial payment gateway to avoid paying additional fees. Without it, it will be difficult to earn from the crypto gateway. because you would be charged via some centralized gateway.

To be honest we all invest in Bitcoin to make profits. When invest comes means you intend to make more money and we can't ignore that. But we shouldn't forget about the reason for Bitcoin's creation. So we will not regret it at the end of the day. That's why we need to learn very well before taking a crypto investment due to high volatility. Also, we need to think secure funds from scammers & hackers. Everything related to crypto should be learned.

Good thing you are a holder of Bitcoin doesn't matter what's the amount. Because everyone isn't the same here and there are a lot of things working behind any investment. And the good thing is you are interested to research deeply before investing more. Most people don't do that and ended up with a loss. Everyone should how Bitcoin's volatility works before jumping into that. Otherwise, later they have to cry. Spend more time on the forum for learning.

Back 15 years there wasn't Bitcoin. But today it exists and is the most popular cryptocurrency. It's pretty sure there will be something more strong which would be another trend. I am not saying Bitcoin would be replaced but would be more developed. People would start moving there same as people jump into Bitcoin. Technology growing fast right now, so there would be a more technical improvement which would lead discover of more currencies either Decentralized or centralized.

It's difficult to forecast the impossible. Don't believe that everyone will exchange their fiat for cryptocurrency. Just consider how cash would be exchanged for cryptocurrency in the absence of a buyer on the opposite side. Consequently, fiat remains in the end. Whether it is in paper or digital forms makes no difference. Nobody is able to stop Fiat. Due to centralized government, it is genuinely important for daily necessities. People of views is they can earn from crypto investment, they aren't wondering to replace fiat with crypto at all.

There is no accurate Bitcoin forecast that can tell us what the price will be in 2023. The price of bitcoin swings and is growing fast. We have observed numerous ATHs and dumps. That is now considered standard Bitcoin behavior. If you can read it, the chart will say many things; if not, it will say nothing. Bitcoin saw nearly satisfactory growth at the start of this year. Despite various minor glitches imposed on the BNB FUD, we are still playing well. Nonetheless, I think it will eventually disappear. I am therefore bullish based on market movements this year. Without knowing the price, something positive should to occur.

Congratulations, you've shown that learning Bitcoin has no barriers. Your obstacle was the power supply, which you overcame. Given your empathetic intentions, I think you are capable of accomplishing anything. You can now spend more time on the forum because the power supply problem is resolved. So wait until you have done adequate research before taking any action. Since bitcoin is a highly volatile currency, you should understand everything you can. Just let us know if you run into any problems. We are available to assist you.

Depending on how you wish to manage for your money. If you have years of trading experience, you can day trade and increase your earnings. If you're not a good trader, you might hold like I did. That doesn't matter, but you need to find a way to earn money. When making any financial decisions, there are many factors to think about. because investing in cryptocurrencies is always dangerous. A market crash might cause you to lose money at any time. Therefore do your own research before taking any action.

Why, guys, can't you stop thinking about getting free money when nothing in this life is free? I find it extremely amazing that people are still searching for mining sites, which were once common Ponzi schemes. So-called legitimate cloud mining sites do not exist. They are probably Ponzi schemes or some other kind of. Better to spend your money elsewhere. Don't give your money to the hands of the scammers.

They are not a fraud, lol. They weren't pretending to be any coins. Bificoin is the unusual name they choose. Obviously, it differs from Bitcoin. That your friend doesn't believe in you is plain foolish. Even he doesn't need to have faith in you because everyone can read. No worries if your friend actually purchased real Bitcoin and believes it to be bitcoin. It doesn't matter if he bought Bificoin, it's a altcoin. I don't understand how this might be confusing.

Dumb question, due to the significant volatility of Bitcoin, which could pump and dump at any time. It appears that you have become very afraid of the most recent dump. I recall that you don't have much Bitcoin experience. Thereby further, you must study more about how a Bitcoin chart appears. If you own Bitcoin, your heart shouldn't feel weak. Otherwise, when you see a red line, you'll start to panic. It's common for cryptocurrency to pump and dump. But, I think you should read the forum more frequently. As a result, you might pick up a lot from this.

When you were a beginner, you made mistakes. But despite their experience, many people continue to act in the same way. And besides, as an online user, you should never disclose your login information. It makes no difference how close they are. That should be applicable to anything you have been using on the internet, not only Bitcoin. Just purchase a hardware wallet for Bitcoin to protect your assets. You should be able to purchase a hardware wallet, in my opinion. Knowledge and education are not the same thing. What you have just acquired is knowledge. Education is the way you become literate.

Not misinformation actually, you got it wrong. There is no shortcut to earn money. We are less likely to lose our chunk of thought if we do our researching before investing in cryptocurrencies. We can better comprehend the risks and potential benefits associated with any cryptocurrency investment by completing in-depth study and analysis before taking decision. This can assist us in making better selections and lessen the possibility that we will decide to make impulsive or emotional investment decisions that we may come to regret.

Really, it's best to avoid price comparisons. You're selling now. Once in a while, the new generation will label us as stupid. Considering that Bitcoin would cost $1 million at that time. It doesn't imply that they were unaware of Bitcoin's importance. Instead, they make use of and adapt it. Bitcoin was designed with peer-to-peer, decentralized money transfer in consideration. They had been doing so and also believed in Bitcoin. But they had not anticipated that the price would change in this manner so quickly.

It will be my most desired surprise, to be completely truthful. Because my government now gives Bitcoin absolutely no recognition. Also, the government is overly restrictive when it comes to Bitcoin use. Someone must be punished if they are found out. If the government decides to legalize it in that circumstance. I'll be too thrilled. I own Bitcoin and will also accept it for payment in my business. All we have to do is make it legal, and we'll celebrate differently.